5 Myths & Misconceptions to Know Before You Sell Watches for Cash

Luxury watches are globally recognised and esteemed for their compelling history, unique design, precision and quality. The watches of elite brands like Rolex, Cartier tend to retain their value with time. However, luxury watches are surrounded by many myths and misconceptions. There may come a time in your life when you feel the need to raise some fast cash. Thus, you can decide to ‘sell my watch’ or ‘sell watches’ to meet your short-term financial needs. But:

Many of the watches’ myths or misconceptions can mislead you in certain ways. To help ease your agitation, here we have rounded up some of the essential myths and misconceptions about luxury watches. 

Let’s take a look!

Myth 1: The Movement Makes a Watch

Indeed, the movement is one of the most significant parts of all timepieces. Also referred to as ‘Calibre’, a movement is an engine that powers the hands around a watch’s face. The movement also powers many other features like calendars, dates and more. Thus, movement is essential. But it does not make the watch.

Experts determine a watch’s quality by looking precisely at many features. It includes the dial design, case construction, movement finishing and characteristics and others. The hands, dials, markers, bracelet and also the packaging of your timepiece overall exhibits the craftsmanship of a manufacturer, not only the movement.  

When you sell your watch, or ‘sell my watch’, potential watch buyers will assess all these features before buying your watch. 

Myth 2: The More Jewels in a Watch, the Better

Many watchmakers often refer to the number of jewels in their timepieces as proof of their quality. But, it does not always mean that jewels will make for a better watch. Manufacturers initially used jewels in timepieces to decrease friction in the watch parts. However, the jewels utilised for this purpose include diamonds, rubies and sapphires. With the increasing complexity of luxury watches, the usual number of jewels has also increased in a watch over the years. 

However, the jewels are typically synthetic and not valuable. Thus, they will possibly not increase the value of a watch with time. 

Myth 3: Higher Price (And More Complications) Means High Quality

Many naïve watch buyers have the misconception that a watch having more complications and a higher price tag equals to superior quality. A complication is any function on your watch other than the time display. However, complications can range from simple date-display to rarest horology works. Today, there are many watch complications available on the market. They are like chronograph, date, dual time zone, moon-phase and more. 

Moreover, features like calendar, date, time-zone are some of the most coveted aspects in a luxury watch. Thus, if you are looking to ‘sell watch’, or ‘sell watches’ with any of these complications, you are likely to obtain a high price from a potential watch buyer. 

However, the more complicated the inter-workings of a watch, the less durable it could be. And, you will never want to service your watch regularly. Some professional watch collectors often look for sophisticated watches that operate in a rational way instead of the ones that flaunt lots of mechanisms or parts. 

Myth 4: Servicing a watch only when it is not working

Luxury watches are indeed built to last for generations. However, a watch is subject to natural stresses such as magnetisation, dings and also, comes in contact with sweat, oils or rain. Thus, it is recommended that you service your luxury timepiece every year or two. While servicing, experts inspect a watch precisely, clean and lubricate and also, test for water resistance. This prevents the watch parts from wearing and many other damages. 

Myth 5: You can sell watches anywhere for cash

Whether you choose to ‘sell watch online’ or ‘sell my watch’ via appointment, it is foremost essential that you choose a reliable watch buyer to make the process smooth. Professional and trustworthy watch buyers indeed apprehend the historical and monetary significance of watches manufactured by prestigious brands like Rolex. 

A potential watch buyer has the knowledge and experience to evaluate a luxury watch and determine its accurate price, considering many relevant aspects like its age, model, condition and current market value. Thus, before you finally head out to ‘sell watches’ or ‘sell rolex’ for cash, do a little bit of research and then, decide on a particular dealer who you can sell your watch to with full confidence.